A garment factory in Hanoi. Lever’s chairman expects Vietnam to become the company’s largest production base for the whole of 2019. Photo: AFP

Hong Kong fashion firm Lever Style identifies fund linked with Alibaba founders as cornerstone IPO investor in digital push

  • Poolside Ventures is a fund managed by Blue Pool Capital, which invests personal wealth of Alibaba founders Jack Ma and Joseph Tsai
  • Fung Group, parent of 113-year-old consumer goods supply chain manager Li & Fung, to dilute stake to 14.4 per cent from 21.9 per cent as part of listing
Topic |   IPO

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A garment factory in Hanoi. Lever’s chairman expects Vietnam to become the company’s largest production base for the whole of 2019. Photo: AFP
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